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Justin Sun is merging the Poloniex and Huobi exchanges, which has resulted in high volatility for the Huobi token. But it begs the question, which of the two exchanges was in such a dire situation that they needed to merge? Perhaps Justin simply decided to create one normal exchange from two problematic ones? In any case, we need to keep an eye on how this plays out.

#Poloniex #Huobi #JustinSun
TOP crypto news - morning selection ☀️

⚡️JP Morgan: The Fed may inject up to $2 trillion into the banking system through emergency lending programs.

⚡️On April 2, an NFT investor sold 87 CryptoPunks for 5261 ETH ($9.5 million).

⚡️CEO Kaiko: Regulatory pressure in the United States may shift the center of the cryptocurrency world to Hong Kong.

⚡️Justin Sun is in talks to sell a stake in Huobi.

#JP_Morgan #TheFed #NFT #CryptoPunks #investor #ETH #Kaiko #HongKong #JustinSun #Huobi #cryptocurrencies #crypto #cryptonews
💲 Justin Sun announced that in the first quarter of 2023, Huobi earned $150 million in revenue, with a net profit of $30 million.

🔸 According to his predictions, in the second quarter, the exchange will bring in $187 million in revenue and $76 million in expenses, with a net profit of $110 million.

#Huobi #JustinSun #predictions #revenue #profit #cryptocurrencies #finance
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TOP crypto news - morning selection ☀️

⚡️The US District Court has issued a subpoena to Justin Sun.

⚡️SEC is suing Terraform and Do Kwon for deceiving investors.

⚡️After the Shanghai upgrade, 240,000 ETH was withdrawn from staking. Currently, 1.07 million ETH is waiting to be withdrawn.

⚡️Canon plans to launch a trading NFT marketplace for photos.

#crypto #cryptonews #cryptocurrency #JustinSun #SEC #Terraform #DoKwon #investors #Shanghai #ETH #staking #Canon #NFT